Is there anything from this list that you might be interested in?
  - http://bitcoin.witcoin.com/p/269

A look at YouTipIt might spur some ideas as well.

There regularly are some very brave souls on #bitcoin-otc who will accept as payment your PayPal payment for their bitcoins.

  - http//en.bitcoin.it/wiki/Secure_Trading#Use_Bitcoin-OTC

Additionally, if you are purchasing a small number of bitcoins, YouTipIt is selling bitcoins through a credit card processing site:
  - http://en.bitcoin.it/wiki/YouTipIt
  The problem is that those coins essentially are quarantined for a number of weeks -- i.e., they can only be used within the site (for tipping others.  After the holding period has passed, then you can withdraw your bitcoins to your own wallet.

Short answer: no
Honest answser: If you really know what you are doing or don't care that you might lose coins, go right ahead.

 - http://forum.bitcoin.org/index.php?topic=6811.msg109387#msg109387

There is now a WMZ exchanger:
 - http://en.bitcoin.it/wiki/WM-Center

I wonder if offering a white-label version would be a revenue source.  For instance, a retail merchant might wish to run some promotion where given away are scratch-off tickets each with InstaWallet URLs or something to that effect.    For that, the merchant might want their own branded instawallet site.  And, of course, they'ld need (and be paying for) enterprise-level service (i.e., able to serve adequately the expected load).

Also, I wonder if there isn't a revenue opportunity to integrate some spend for balances in an instawallet.  For instance, exchanges are looking to add customers.  Any instawallet with 1 BTC or more is a good candidate to offer an account at an exchange (and InstaWallet gets commission for each user who signs up).

I've not used BitPay yet but I suspect once I do I'll be willing to pay a monthly fee to have an instawallet + BitPay combination.  Especially if it will be in exchange for a service level commitment.

A few more days, at best.


 - http://mtgox.zendesk.com/entries/20287558-euro-transfers-temporarily-frozen

One thing that might be useful is to be able to instantly transfer coins from one of your exchanges to another.

For example, if I have BTC in the Intersango.us but I see an arbitrage opportunity where I would like to sell those BTC on Britcoin, it would be nice if that transfer could occur instantaneously, rather than having to wait for funds to confirmation.

If all three are operated by the same organization then that should be zero risk.

I edited the wiki to explain how such a revision could technically be possible but why realistically it likely would not occur.

I've not used it but there is:
  BTCBalance.net
  - http://forum.bitcoin.org/index.php?topic=27669.0

The one that just launched is the first -- so it is a short list.
 - http://www.dwolla.org/blog/financial-plus-credit-union-releases-dwolla-with-fisync

There will be more coming though they haven't stated which banks or credit unions and when.

I tried to decipher yesterday's FinCEN ruling on the Definition of Money Services Businesses as far as how it impacts Bitcoin but I'm stumped.

FinCEN ruling statement:
 - http://www.fincen.gov/news_room/nr/html/20110715.html

Final ruling:
 - http://www.fincen.gov/statutes_regs/frn/pdf/MSB_Final_Rule_Definition_and_OtherRegulations.pdf


There are a few changes of interest.

1.) "The Prepaid Access NPRM addresses stored value issues as a separate category of MSB.
FinCEN is excluding stored value in any form from being considered a form of money transmission."

I've not read the Prepaid Access NPRM, but this appears to be a positive by excluding a stored value transaction as being considered a money transmission.

2.)  The term "dealer in foreign exchange" is replaced with the new term "currency dealer or exchanger," a term used to include the exchange of instruments other than currency as a category of MSB.

I don't think bitcoin is affected by this as bitcoin could hardly be "similar to" the monetary instruments it refers to.

3.) U.S. AML regulations apply to foreign-located persons who offer MSB services in the U.S. from foreign locations.

Did the long arm of the law just get longer?



4.) It is the activities performed that cause a person to be categorized as an MSB subject to anti-money laundering rules [and not necessarily] whether the person is licensed as a business, has employees, or is engaged in a for-profit venture.

Taken to the extreme, this would mean every miner selling bitcoins and every bitcoin buyer and seller would be in violation unless registered as an MSB.  Again, if bitcoins are stored value and they are exempted then this is moot.

FinCEN extends Prepaid Access NPRM (Stored Value) comment period 30 days:
 - http://www.fincen.gov/whatsnew/pdf/20100715.pdf

Prepaid Access regulation (proposed):
 - http://edocket.access.gpo.gov/2010/pdf/2010-15194.pdf

This topic needs more eyes.

It shows:
 
But that then is inconsistent with:
 "(after TX fee): "
 - https://campbx.com/in/fundmgmt.php

So I just assumed the FAQ was incorrect.


So yes, my apologies!  I think I saw the "(after TX fee): " and calculated it as if it were a proportional amount.

Perhaps that "TX fee" could be made into a link that goes to the FAQ where the 0.0005 BTC fee is described?

Would you confirm that there is a 1% fee assessed for withdrawing BTCs?

If so, would I gain success in trying to convince you how wrong that is?

The issue appears to have been resolved.
  - http://www.nyse-group.de/bitcoin-arbitrage

That would be something.  I wouldn't doubt there are designs out there for just that.

As far as interesting wireless projects:
  - http://fabfi.fablab.af/

The issue has not been addressed by any courts in the U.S.  Additionally, the U.S. is one nation.  There are 192 others. [update: 193 others  http://www.foxnews.com/world/2011/07/14/un-admits-south-sudan-as-13rd-member/ ]

For within the U.S., there is this:
 - http://www.lextechnologiae.com/2011/06/26/why-bitcoin-isnt-a-security-under-federal-securities-law/

Being forced to turn over passwords or encryption keys is described here:
  - http://www.eff.org/wp/know-your-rights
Then again, depending on which government or malicious group you have in mind, there is also:
  - http://en.wikipedia.org/wiki/Rubber-hose_cryptanalysis

Don't forget about Webcoin / BitcoinJS
 - http://en.bitcoin.it/wiki/BitcoinJS
 - http://www.youtube.com/watch?v=3yoduTFjZW4#t=940s

If the client knows it has spent a coin but doesn't see that spend transaction in any blocks received, it will resend that transaction.  It is done infrequently and randomly to avoid giving away that the client is the origin of those transactions.

 - https://github.com/bitcoin/bitcoin/blob/master/src/wallet.cpp#L693

You can see which transactions at least one node knows about yet have not yet been included in a block:
  - http://www.bitcoincharts.com/bitcoin

I'm curious as to what prompted this.

I do notice that their "reset PIN" page is not functioning and/or disabled [update: is successful as I do get an email with a new PIN, but see an error page on the site]:
 - http://www.dwolla.com/error.aspx?aspxerrorpath=/forgot_pin.aspx

I've not used any so I don't have any experiences to share, but the list includes:
 - http://en.bitcoin.it/wiki/Category:Shopping_Cart_Interfaces